May 16, 2012
Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally
Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally
Economic News
May 15, 2012
Senate leaders move toward vote on Fed nominees
President Barack Obama’s two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber’s leaders said …
Instant View: German prelim first-quarter GDP unexpectedly strong
German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms – well ahead of a consensus forecast, as exports helped the economy bounce back from contraction …
Instant View: German prelim first-quarter GDP unexpectedly strong
German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms – well ahead of a consensus forecast, as exports helped the economy bounce back from contraction …
Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data
Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data
Slight Recovery in Risk FX ahead of US Open
Risk FX was mildly firmer in overnight European trade today boosted by better than expected GDP data from Germany although investor sentiment in the region deteriorated. German Q1 GDP surprised to the …
May 14, 2012
Fed examining other risks being taken by JPMorgan
The Federal Reserve is examining whether JPMorgan Chase & Co is taking risks elsewhere in the bank similar to the botched trading strategy that could cost the bank more than $2 billion, a Fed spokeswoman …
ResCap decision good for taxpayers: U.S. Treasury
The decision by Ally Financial Inc’s mortgage unit to file for bankruptcy should make it easier for the government to recover its investment in the auto lender, the U.S. Treasury said on Monday. “While …
Analysis: Fed regulators in hot seat over JPMorgan loss
JPMorgan’s $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to keep …
May 11, 2012
CPI: Tamer inflation gives China room to ease
CPI: Tamer inflation gives China room to ease